A public hearing was held before the regular meeting of the Central Community Unit School District 301 board this week concerning the intent of the board to sell $2,600,000 working cash fund bonds.
Superintendent Todd Stirn said the debt certificates and debt service extension bonds would pay for heating and air conditioning upgrades at Central Middle School in Burlington. They would also go toward the addition of 28,000 square feet of classroom space at Central High School in Burlington and an expansion of the high school’s parking lot.
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According to the March 2016 Central 301 Gazette, “the 28,000 square foot classroom addition to Central High School with space for up to 11 classrooms could be constructed and paid for by using impact fees. Impact fees are received when new construction permits are issued, and impact fees do not affect the tax rate. It was impact fees that were used to pay off the 135 acres of farmland the district purchased 10 years ago for a future construction site that could house a grade school, middle school, and high school along with a transportation center. The final payment for that land was made in December 2015, which now allows for the use of impact fees for capital projects and building additions.”
Denise Moran is a freelance reporter for The Courier-News.